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4 February 2025 | 2 replies
The mold house would only be a good investment if you can buy it at a low enough price to cover the necessary renovations.
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10 February 2025 | 8 replies
Learned about his children, learned about the 60 units of apartments he owns and how he manages to keep the expenses low.
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5 February 2025 | 35 replies
Is it possible to buy a property in Seattle low enough to get 1%, yes.
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12 January 2025 | 2 replies
I've calculated the lump sum costs to be $9,500 for buy and sell combined and a monthly reduction in cashflow of $347 due to the new loan and taxes.
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2 February 2025 | 14 replies
Maybe with a low (70% or less) LTV or an ARM and stellar credit...also depends on what type of loan you're looking for (nonQM or conventional Fannie/Freddie)
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16 January 2025 | 8 replies
Ask for its breed, weight, and name, and have them attach a picture.- Make the application part of the lease, with the stipulation that if they've lied in the application or in the lease, they can be evicted.- Tell them they have to provide documentation of the animals service / emotional support (as allowed by your local ordinances), and that they have to provide documentation that the animal is current with its inoculations, etc. as well as its local license before you'll permit the animal in the unit.- Tell them they'll have to provide you with a copy of their renter's insurance naming you as additional named insured, with a minimum of (I use $300,000) liability insurance, also before they move into the unit.It's not perfect, but it's a start toward a tenant transparency.
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6 February 2025 | 2 replies
Short term (12 months), low loan to value with borrowers who have strong credit and significant assets.
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6 February 2025 | 17 replies
I suggest finding one of them to do it for youMost DSCR loans through brokers have $150,000 floor with some going to as low as $100,000.
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10 February 2025 | 6 replies
I net about 3.5-5k a month(depending on airbnb) after all expenses including my primary residence and utilities there.I have built up a good amount of equity in the houses due to the renos I've done mostly myself and also from buying low during covid.
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12 February 2025 | 0 replies
The Housing Wire article chart shows how FHA and VA loan delinquencies are approaching really high historical levels, close to that of the housing crash.We are still at historic lows for conventional loans.